Oil and Gas News

July 22, 2014

Gazprom said finances still moving despite new U.S. sanctions
Moscow (UPI) Jul 21, 2013
Russian energy company Gazprom said it's able to settle all of its payments in Russian and foreign currencies in the face of new U.S. sanctions. Oil company Rosneft, Russian independent gas producer Novatek and the financial arm of Russian natural gas Gazprom were included on the list of sanctioned entities by the U.S. government last week. Gazprom said in a statement Sunday it was able to settle payments opened by Gazprombank in full and on time "despite the expanded sanctions imposed u ... read more

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Chinese tourists abandon Vietnam after oil rig row For years Nguyen Huu Son has guided Chinese tourists around Vietnam's popular coastal city Danang, but a bitter maritime dispute between Hanoi and Beijing means he is now out of work. ... more		Russia envisions major gas pipeline project for India A Russian gas pipeline along its southern border to India may be among the largest projects of its kind in history, the Russian envoy to New Delhi said. ... more		Statoil puts Norwegian Sea drilling platform back in service Norwegian energy company Statoil said Monday oil and gas operations have resumed at the Njord A platform in the Norwegian Sea after nearly a year. ... more
				Jihadists sell Syrian oil to Iraqi businessmen: NGO The jihadist Islamic State is selling oil and liquid gas products extracted from fields under its control in Syria to Iraqi businessmen across the border, a monitoring group said Monday. ... more		PNG LNG project gives lift to Australia's Santos Australian energy company Santos said Friday its second quarter figures improved in part because of the start of an LNG project in Papua New Guinea. ... more

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Oceana frustrated with U.S. decision on Atlantic energy surveys An ocean advocacy group said it was time to issue a call to action in the wake of a Washington decision to allow energy work in the Atlantic Ocean. ... more		Delta Airlines secures Bakken crude oil for its Pa. refinery A subsidiary of Delta Air Lines said Monday it signed a five-year deal to send 65,000 barrels of Bakken crude oil per day to its refinery in Trainer, Pa. ... more		NASA ISRO radar satellite beams first Earth images from space Morocco High Atlas whistle language strives for survival China warns Papua New Guinea over Australian defence deal		French company EDF signs LNG deal with Cheniere in Texas French energy company EDF agreed to buy liquefied natural gas from an export facility being developed in Texas, Cheniere Energy announced. ... more
				Shell finds few technological barriers for offshore reserves Oil companies have yet to reach the point that technology is limiting access to offshore reserves, a Shell official in charge of deep American waters said. ... more		OPEC says Asia-Pacific took most of its crude oil last year Asia-Pacific economies took on more crude oil from OPEC in 2013 than any other region in the world, the organization said in an annual report published Friday. ... more

US opens door to East Coast offshore oil and gas drilling The United States on Friday opened the way to offshore oil and gas exploration in the Atlantic Ocean, authorizing the controversial use of sonic cannons for seismic surveys. ... more		Iran's oil exports in line with international agreements The U.S. federal government is "comfortable" with the amount of crude oil exported from Iran, a spokeswoman for the State Department said. ... more		Collision of equal sized bodies may explain Mercurys unique composition Gravitino emerges as contender in dark matter search Molecular 'fossils' offer microscopic clues to the origins of life - but they take care to interpret		U.S. oil production not yet at parity with imports Data from the American Petroleum Institute show the United States is importing more crude oil than it produces from domestic reserves. ... more
Kremlin brushes off U.S. sanctions on energy sector The Kremlin is taking a "placid" posture over U.S. sanctions that reach into the energy sector, Russia's deputy foreign minister said Thursday. ... more		Ukraine weathering Russian gas storm, Europe says Some of the proposals offered to break the Russian grip on the Ukrainian energy sector are working, a top European official said Thursday in Brussels. ... more		Outgoing Gulf Keystone boss praised for Kurdish oil vision The outgoing executive director at Gulf Keystone Petroleum, Todd Kozel, was a visionary in his efforts in the Kurdish north of Iraq, a director said Thursday. ... more		Iraqi Kurds start pumping from seized oilfield: official Iraq's autonomous region of Kurdistan on Thursday pumped an experimental 20,000 barrels of light crude from an oilfield recently seized from the federal authorities, an official said. ... more

	Iran says oil exports to Asia in line with contracts Any declines in Iranian oil exports are normal, though supplies to Asian economies are in line with contractual obligations, an executive said. ... more		Texas voters to decide on hydraulic fracturing ban The city of Denton could become the first in Texas to ban hydraulic fracturing outright after officials said the issue should be decided on the November ballot. ... more

EU states to hold talks on 'drone wall' to protect bloc

Denmark military intel fails to identify source of drone flights

Lithuania eases rules on shooting down drones

U.S. calls for comprehensive solution to Chinese oil rig row		Claims made by Dana Gas misleading, Kurdish government says		China moves oil rig out of waters claimed by Vietnam		Shell's Gulf discovery first with CNOOC partnership		Oil market enjoys China-inspired gains
War-torn South Sudan gets Chinese weapons delivery		Pirates attack Malaysian tanker in South China Sea		North Dakota calls for federal help in tackling crime		Lebanon scrubs offshore gas auction on revenue disputes		U.S. putting abundance above diversity, IEA warns

Iran sets up committee with Russian energy company Gazprom

Rosneft signs agreement to help sell gas from Amazon jungle

Steam-injection blamed for oil spill at Cold Lake Weapons Range

Oil exports from Yemen curbed after pipeline attack

Oil services company Weatherford keeps 114 rigs after Rosneft deal

Russia to help Cuba wean itself from oil imports

Whiting Petroleum says it's the biggest player in Bakken, Three Forks

Kurdish action against oil fields irresponsible, Baghdad says

Israel to gain geopolitical leverage with offshore gas

Iranian crude oil tankers still restricted by sanctions, director says

Dana Gas claims victory in arbitration case against Kurdistan Regional Government

Oklahoma quakes induced by wastewater injection

IEA: Oil production from OPEC members stable

Major oil discovery confirmed in Norwegian Sea

LEGO called on to rethink relationship with Shell

Iraq Kurds claim oilfields as bombings kill 28

NRDC: EPA decision on HFCs could bring major benefits

Halliburton in fracking joint venture in China

Chevron credits Permian Basin with increased output

Africa Petroleum Corp. assessing oil potential offshore Sierra Leone

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